Business CPA Denton AlternativeWhat gets paid in this city

Sales tax in three pieces

The combined sales tax is 8.25 percent. State is 6.25 percent. The city is 1.5 percent. The Denton County Transportation Authority is half a percent. Denton County adds nothing of its own to that 8.25. Denton, Highland Village, and Lewisville are the three cities in that transit authority. A three-city map is small enough to hold in your head. The half percent is still its own line on a filing.

Those figures are the Comptroller city table, not a memory. If the table changes, this page changes. A shop on the Square and a plant that sells taxable goods use the same stack. What they sell is what changes the return, not a second rate.

There is no personal income tax in Texas and no state property tax. Franchise tax is a different report, on the privilege of doing business in the state, with its own form and its own due date. The monthly sales tax form does not include that report.

Hotel rooms and property, kept separate

Hotel occupancy tax in this city is 7 percent, due on or before the 20th of the following month. Hotels inside the tourism public improvement district also owe a 2 percent room assessment on top of that 7 percent, and the assessment is not filed on the sales tax form. If you do not rent rooms, neither number is yours. If you do, they are not sales tax and they do not get filed on the sales tax form.

In spring the county asks for a list of the property the business holds, and that list is separate from the federal return and from the sales tax stack. Protest season is its own window after values go out. The appraisal district's counter is not described here. Use the county site and the address printed on the notice you already hold. The form is fed by the asset list in the books, which is why a closed year is the useful year.

None of these is a federal return. The federal return follows the books after the local filings have been kept in their own lanes.

How this shows up in the monthly work

Each close names the taxable sales, the room revenue if any, and the assets if a rendition is coming. You should not meet May as a surprise if the months were closed.

A notice about one piece gets matched to that piece. We do not answer a sales tax notice with a franchise workpaper.

Put the form you do not trust in front of us. We will name its lane, sales tax or franchise or rooms or the property list, before we talk about the month.

Each filing keeps its own lane so a May pile does not swallow a monthly return.

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